Thursday, November 12, 2015

Indonesian economic policy package will push the world economy into force

Indonesian economic policy package will push the world
economy into force

President of Indonesia Joko Widodo has launched a package
of six economic policies are expected to encourage increased domestic and
foreign investment, and stimulate economic growth evenly in Indonesia.

One example of when the national economy grew only 4.5
percent per year, then this year fisheries sector grew eight percent and the
agricultural sector grew by an average of over 6 percent, even if the release
of the sixth paker economic policies and will be followed by a packet The next
stage of economic policy, it is not impossible in 2030 Indonesia will surpass
the economy of Australia and South Korea, Indonesia and even now already
exceeded the strength of the UK economy.

Now it is again rapidly growing Asian economy is shifting
the economic effect of the United States and Europe. That is why the United States
began more glance Asia and began shifting its economic closeness with Europe
and the Middle East by establishing Trans Pacific Economic Cooperation
countries.

Jokowi became seizure Two Axis World Economic Strength

Beijing - Implementation of the APEC summit in 2014 in
Beijing, China became the arena of interests between the two shaft power of the
world economy, the United States on one side with China and Russia on the
other. President Joko Widodo (Jokowi) who are new to the international stage
became a bone of contention between them.

Americans joined the Trans-Pacific Partnership
(Trans-Pacific Partnership / TPP). TPP is a free trade agreement which was
followed by seventeen countries in Asia-Pacific were also followed by some
ASEAN countries, namely Malaysia, Singapore, Brunei, and Vietnam.

While Russia entered the Asia-Pacific Free Trade Zone
(Free Trade Area of Asia Pacific / FTAAP). FTAAP is considered as an effort
towards Regional Economy Integration (REI) for shared prosperity in the region.

President of the Republic of Indonesia Joko Widodo said
Indonesia did not want to be just a pull of the market for the economic
interests of the big countries that but the important thing is cooperation can
provide real benefits to Indonesia.

"Of course, if we look at the interests look for
friends. Our own free constitution is active. I want to find friends anyone can
dong, would here- here. But with a record of national interest, the interests
of the people we have under-united, "said President Jokowi, Monday
(11/10/2014) night.

Jokowi neutrality clearly visible when the photo session
with the leaders of the APEC summit in 2014. There Jokowi stood flanked by US
President Barack Obama and Chinese President Xi Jinping alliance and Russian
President Vladimir Putin.

"It was a symbol, it must be read. We became seizure
so loh, "said Jokowi while uncover the meaning behind the position.

Considering the Trans Pacific Partnership

Aulia Rahman

Executif Director of Central Study Of Asia Pacific (CSAP)

Jokowi President's visit to the United States raises a
lot of speculation, especially since the President's statement that expresses
wish to join the Trans-Pacific Partnership (TPP).

It is a lot of people believe that foreign policy toward
Indonesia is currently heading to the United States.

But apart from the desire to join the TPP or not, we
should know that today, the container to countries in the Asia Pacific region
is very necessary for cooperation and economic development.

"But apart from the desire to join the TPP or not,
we should know that today, the container to countries in the Asia Pacific
region is very necessary for cooperation and economic development"

Asia-Pacific organizations should not represent a
particular country's political agenda but rather creating a sense of equality
among each country so that it can benefit every member states.

So, the question arises to respond to the President's
statement Jokowi who want to join the TPP is about what strategic benefits that
can be generated for Indonesia?

Before answering this case of course we need to probe
deeper about the potential of what is owned by Indonesia in the international
arena.

Today we know that the global economy is shifting from
the Atlantic to the era of the Pacific era thus indirectly the role of
Asia-Pacific countries to be very calculated. And Indonesia is now one of the most
potential to become a major player in the Asia Pacific region.

Interest in various countries have proved the tug of war
between the forces of the global economy to get the attention of Indonesia. One
of them is done by offering a variety of investment funds to facilitate the
development agenda in the country.

One potential geopolitical position of Indonesia is very
strategic to have four of the nine choke point (narrow strait), which became
the main sea lanes of world trade that is the Strait of Malacca, Sunda Strait,
the Strait of Lombok and Makassar Strait.

Shifting the economy to the Asia Pacific region
indirectly increase the volume of distribution of goods to the Asia-Pacific
region. This makes the industrialized countries increasingly rely on Indonesia's
strategic position.

When Indonesia was prepared infrastructure and
distribution system mempuni course dependency robust economies will
increasingly strengthened.

This is seen by Jokowi with Indonesia as a pivot trigger
maritime world. To achieve this, Indonesia requires adequate maritime
infrastructure development.

To realize the construction of maritime infrastructure is
clearly require significant investment funds. Indonesia needs to embrace
countries to participate and realize the potential of Indonesia as the world's
maritime axis.

On the other hand, are located in the Asia Pacific region
that has long been awakened soliditasnya namely ASEAN. On the other hand,
Indonesia is one of the influential countries in the ASEAN region that has a
chance to build a new economic powers in Asia Pacific era.

ASEAN solid targets measurable economic achievement is
frightening for a variety of powerful countries in the world. Therefore,
Indonesia's ability to regroup in ASEAN will determine the bargaining power of
Indonesia in the eyes of the world.

The stronger the bargaining power of Indonesia, the
greater the opportunity for Indonesia to speak at international organizations.

"The stronger the bargaining power of Indonesia, the
greater the opportunity for Indonesia to speak at international
organizations"

So when I come back to review of the Trans Pacific
Partnership since its inception in fact be seen as an opportunity or a threat.

Opportunities for the success of the domestic agenda
could be obtained, but also need the right preconditions.

Indonesia should be aware that when playing in the arena
of the wider region such as this must remain grounded in ASEAN. ASEAN is the
most appropriate starting point before going any further into the Trans Pacific
Partnership.

Because ASEAN is expected to be "European" of
Asia will be the economic center of Asia Pacific. On this awareness, if
Indonesia wants to expand cooperation in this regard to the Trans Pacific
Partnership, Indonesia should consider carefully the extent to which
Indonesia's bargaining position in the organization.

We see that the Trans Pacific Partnership is led by the
United States where it became a balancing step over China's influence in the
Asia Pacific region.

Logically when Indonesia joined the Trans Pacific
Partnership is opening the doors of cooperation with the United States and its
allies.

Perhaps herein lies the free and active politics being
played by the President Jokowi. To make Indonesia as the axis of the maritime
world, Indonesia should be able to embrace the big countries.

However it is important to remember that we can not
quickly make a decision to join or not with this Trans Pacific Partnership.
Because of the lack of clarity regarding cooperation agreements as it will be
taken.

At least there are two things that will be on the agenda
of the Trans Pacific Partnership that deregulation of export-import, which
means expansion of markets and the flow of investment easier.

When considering the potential within Indonesia today is
actually the most urgent need is the development of maritime infrastructure.

The decision whether or not to join the Trans Pacific
Partnership should be based on the strength of Indonesia in ASEAN as well as
support the development of maritime infrastructure.

President Joko Widodo announced a package of economic
policies

(BBC) - package of policies intended to move back economy

President Joko Widodo announced economic policy package
that contains three steps in the Presidential Palace on Wednesday (09/09).

The third step includes a boost to the competitiveness of
national industry through deregulation, law enforcement and business certainty.

The president said there are 89 rules overhauled from 154
proposed. "So this could strengthen the consistency and cut regulations
that hamper the industry," said the president.

The second step is to accelerate the national strategic
project eliminates the blockage, the provision of permits, completion of the
layout, and the acceleration of goods and services.

Lastly, the president seeks to increase investment in the
property sector.

"The economic policy package will boost the real
sector. I believe the first stage of the economic policy package will
strengthen the national industry, developing micro industries, facilitate
inter-regional trade, stimulate tourism, improving the welfare of
fishermen," he said.

The president said the economic policy package is the
first package launched. The second package, according to the Coordinating
Minister for the Economy, Nasution, will be announced in the fourth week of September.

Rural economy

Among a number of steps called the president, there is an
effort to move the rural economy by accelerating and simplifying the use of
village funds for labor-intensive infrastructure development.

Earlier, the Government Statement on the Draft Law on
2016 draft budget before the members of the MPR / DPR, last August, budget
allocations and transfers to the regions and villages will be improved so that
greater than spending ministries and agencies.

In the draft budget 2016, central government spending
will reach Rp 1339.1 trillion, with details of spending ministries and agencies
achieve non Rp780,4 trillion and spending ministries and agencies of Rp558,7
trillion.

Infrastructure development is expected to drive the
economy of the village.

The welfare of fishermen

When expressed economic policy package, also mentioned
also the welfare of fishermen. Economic Coordinating Minister Nasution said
there would be a policy of LPG for fishermen.

Nasution pointed out that if a fisherman at sea spent 30
liters of diesel worth Rp207.000, then using a converter tool LPG fishermen
will only issue Rp62.100. So that, when it gets 10kg fish fisherman assuming
worth Rp20,000 per kg, he would receive a profit of Rp137.900.

"It will increase the production of fish caught at
the same time improving the welfare of fishermen," Nasution said.

Is expected to release a package of economic policy,
public revenue will increase the purchasing power strengthened.

Economic policy package volume two trim licensing

According to Bloomberg, the rupiah against the US dollar
on Tuesday (29/09) had touched Rp14.818 per US $ 1.

Indonesian government released two stages of the economic
policy package contains a number of measures to resolve obstacles to investment
and licensing.

The measures were announced in accordance with the realm
of work a number of ministries, including the Ministry of Environment and
Forests and the Ministry of Finance on Tuesday (29/09).

At the Ministry of Environment and Forests, for example,
the Minister Siti Nurbaya claims will make the four permit the utilization of
timber in the forest production into a license named "Timber Utilization
Permit '.

Later in the realm of the Ministry of Finance, the
Minister Bambang Brodjonegoro said would provide tax incentives for exporters
of flowers that keep export proceeds (DHE) in banks in the country for a long
time.

Launch economic package comes amid a drop in stocks and
the exchange rate.

According to Coordinating Minister for the Economy
Nasution, the policy package volume two is focused on convenience and fiscal
facilities to encourage the flow of investment into Indonesia.

"We do not need a lot now, which is important kick.
One kick that quick service investment," Nasution said.

Cabinet Secretary Pramono Agung said the central
government will instruct the local authorities to shorten the process of making
a business license.

"All of this is to give a positive signal to the
community and neighboring countries that Indonesian friends with anyone who
wants to invest in Indonesia," said Pramono.

Two stages of the policy package was issued three weeks
after the first policy package was released on September 9 last.

The first package includes a boost to the competitiveness
of national industry through deregulation, law enforcement and business
certainty.

Package comes amid weakening of the rupiah. According to
Bloomberg, the rupiah against the US dollar on Tuesday (29/09) had touched
Rp14.818 per US $ 1.

Three points about the economic package volumes 3

Jokowi government announced economic package volume 3. How
contents of the package are complete?

JAKARTA, Indonesia - The economic team of President Joko
"Jokowi" Widodo announced economic package volumes 3, Wednesday,
October 7th. The message strengthen the competitiveness of the business world
in the midst of the economic downturn.

"We believe this third level policy package 'kick'.
Momentum we feel today, where the rupiah has strengthened significantly,
"said Chief Cabinet Secretary Pramono Agung Wibowo, at the State Palace on
Wednesday afternoon.

Economic Coordinating Minister Nasution added that in the
third volume of this package is no incentive to lower the company's costs.

Here, three important issues related to the economic
package.

A decrease in the price of fuel oil (BBM), gas, and
electricity

The price of aviation fuel, liquefied petroleum gas (LPG)
12 kilograms, Pertamax and effective Pertalite down since October 1, 2015.

The price of diesel fuel was reduced by Rp 200 per liter,
so the retail price of subsidized diesel fuel types will be Rp 6,700 per liter.

A decrease in the price of diesel fuel will also apply to
the fuel type of non-subsidized diesel.

Fuel price premium remains at Rp 7,400 per liter (Java,
Madura, Bali) and Rp 7,300 (outside of Java, Madura, Bali). The new price is
valid from October to December 2015.

Gas prices. The price for the factory from new gas fields
are set in accordance with the purchasing power of the fertilizer industry,
which amounted to US $ 7 MMBtu (million British Thermal Units). While the price
of gas for other industries (such as petrochemical, ceramics, etc.) will be
reduced in accordance with the ability of their respective industries.

Gas price reduction is made possible by the efficiency of
the gas distribution system as well as a reduction in state revenue, or Non-Tax
Revenues (non-tax) gas.

However, the government considers the decline in gas
prices will not affect the amount of revenues that become part of the gas
company Cooperation Contract. A decrease in the price of gas for the industry
will be effective January 1, 2016.

Electricity price. Electricity rates for industrial
customers I3 and I4 will decrease by USD 12 - USD 13 per kWh following the drop
in oil prices (Automatic Tariff Adjustment). Discount rate will be given up to
30 percent of electricity consumption at midnight (23:00) till morning (08:00),
when the electricity system load is low.

Government incentives delay in payment of electricity
bill by up to 40 percent of the electricity bill first 6 or 10 months, and the
industry can pay it off gradually. This applies specifically to the
labor-intensive industries as well as industrial competitiveness is weak.

Expansion receiver entrepreneurs People's Business Credit
(KUR)

To improve the access of entrepreneurs to bank credit,
through the KUR program, the Government has lowered the interest rate KUR from
about 22 percent to 12 percent.

In the package of this policy, the families who have a
steady income, can receive KUR for productive business sector.

With this policy, banks KUR driven pro-active efforts to
offer to the person concerned, so that will increase participants KUR while
encouraging the growth of new entrepreneurs.

Simplification of land clearance in investment activities

In the land sector, the Ministry of Agricultural and
Spatial Planning / National Land Agency, revising Regulation No. 2 2015 on
Service Standards and Regulations Agricultural, Spatial and Land in Investment
Activity.

Some substances new arrangement that includes such things
as:

a. Applicant obtain information about the availability of
land (the original 7 days to 3 hours);

b. All requests are registered as a form of certainty for
the applicants of the availability and land use plans. Letters published within
3 hours.

c. Completeness of licensing principles given in the
form, the proposal, the establishment of the company, over land rights be a
prerequisite to the commencement of field activities. There is a requirement
that can be followed up with before the issuance of the Decree on Land Use
Rights.

d. The maintenance time period (requirement should be
complete):

Hak Guna Usaha: from 30-90 days to 20 working days (up to
200 hectares), or 45 working days (> 200 hectares)

Extension / Renewal HGU: from 20-50 days to 7 working
days (up to 200 hectares), or 14 working days (> 200 hectares)

Request Broking / Right to Use: from 20-50 working days
to 20 working days (up to 15 hectares) or 30 working days (> 15 hectares)

Extension / Renewal Broking / Right to Use: from 20-50
working days to 5 working days (up to 15 hectares) or 7 working days (> 15
hectares)

Land Rights: 5 working days to 1 working day

Settlement of complaint: 5 working days to 2 working days

e. In an extension of land use rights were based on the
evaluation of the management and use of land (including the vast audit) by the
relevant land no longer used as the initial petition requirements.

Senior Deputy Governor of Bank Indonesia Adityaswara
Mirza said that the current financial market situation has improved due to
external and internal factors.

External factors, Mirza said that the figures of the
United States economy is experiencing a bit of weakness, particularly in the
labor sector. The other thing is the consequence of a rise in interest rates
are beginning to shift. "Initially many market participants predict a Fed
interest rate rise in October or December but apparently changed his prediction
to the quarter 1st or 2nd next year," said Mirza.

This shift led to the reversal, so that the speculators
who some months earlier had bought dollars earlier, is now to cut losses.

To internal factors, the market responded positively to
the policy package kkonomi first, second, and third. These packages show the
government's commitment to economic reform.

"In the long term, the policy package that would be
able to reduce inflation," said Mirza.

The Government launched the fourth economic policy
package

Welfare workers become the focus of the policy package
this time

JAKARTA, Indonesia - The government launched a package of
four volumes of economic policy on Thursday, October 15, 2015. The main focus
in the policy package this time is the welfare of workers and the development
of Micro, Small and Medium Enterprises (SMEs).

To ensure the welfare of workers, the government will
implement a new formula to calculate the amount of the Provincial Minimum Wage
(UMP)

"The state exists to ensure the workers not to fall
in the low wage, but employers also have the assurance," said Coordinating
Minister for the Economy Nasution in his press conference.

As for developing the SME sector, pemerintahkan back
proposed distribution plan to relax the People's Business Credit (KUR) and
provide working capital loans to SMEs export goods manufacturers.

Here are some points in the fourth economic policy
package as presented by Nasution, Minister of Labour and Minister of Finance
Hanif Dhakiri Bambang Brodjonegoro,

Coordinating Minister for Economic Nasution:

1. Wages of workers certainly go up every year.

2. The State exists to help workers reduce the burden of
the cost of his life with a safety net in the form of the issuance of which
Indonesia Smart Card and Card Healthy Indonesia.

3. Formula UMP: Minimum wages this year plus the rate of
inflation and economic growth (in percentage). This formula does not apply in
the eight provinces that current minimum wage is still below the Living Needs
(KHL).

For eight of the province, will be given a transitional
period of four years. For four years, the minimum wage there will acquire an
additional increment to compensate for the margin with a value of KHL

Employment Minister Hanif Dhakiri:

1. Evaluation of Living Needs (KHL) will be carried out
every five years. This is because according to a survey the Central Bureau of
Statistics (BPS), changes in consumption patterns occurred every five years.

2. In the future, there is no obligation for the company
to establish the structure and scale of wages. It means that wages should be
considered among the working age, competence, education, achievement and
performance. It will be regulated in the regulation itself.

Finance Minister Bambang Brodjonegoro:

1. Related to working capital loans to SMEs export goods
manufacturers, Indonesian Exports Financing Agency (LPEI) have done mapping.
The result there are 30 companies that have the potential to obtain working
capital loans.

Tax incentives So Focus Economic Policy Package Volume V

Package of government economic policy will continue to
strengthen the economic stability amid the world economic slump which also
affected Indonesia, affirmed President Joko Widodo said after a limited cabinet
meeting on Thursday afternoon (22/10).

Nasution Minister for Economic Affairs in the President's
office announced a package of economic policies vol 5, in Jakarta Thursday,
October 22, 2015 (VOA / Andylala).

Nasution Minister for Economic Affairs in the President's
office announced a package of economic policies vol 5, in Jakarta Thursday,
October 22, 2015 (VOA / Andylala).

The government issued a five-volume economic policy
package to boost the domestic economy. Policy package that focuses on
government incentives related to the reduction of taxes.

Minister for Economic Affairs Nasution at the
presidential office in Jakarta on Thursday (22/10) said the first policy is a
matter of tax relief incentives in the revaluation of company assets, both in
the State Owned Enterprises (SOEs) and private parties. Nasution said during
the company does not want to do the revaluation of assets because the tax rate
is high enough. And he said, if the asset revaluation is done, in particular
for property assets, it can make the value of the assets of the company
increased.

"Well, if they do revaluation then, it will increase
their capacity. It will create capacity and financial performance increased by
a significant amount. In fact he was in later years can make a larger profit.
Total assets will increase. Say 100%, or 200 %, it could be more, "said
Nasution.

The same thing was conveyed by Minister of Finance
Bambang Brodjonegoro, stating the revaluation is a readjustment of the value of
the company's assets in accordance with the current fair value. Bambang
explained, typically income tax (VAT) for the purpose of revaluation of assets
pegged 10 percent, but the rate cut a certain period.

"For taxpayers (WP), when filing the revaluation of
assets until December 31, 2015 the amount of special fares final income tax
revaluation is from the normal 10% to 3%. If submitted in the period January
1st to June 30th 2016, the amount of the charge is 4%. When filing July 1 until
December 31, 2016, the final amount of the special rate of income tax to 6%
revaluation, "said Bambang.

For the second policy in package volume 5 is the
elimination of double taxation for collective investment contract of real
estate investment funds or commonly known as REITs (Real Estate Investment
Trust). According to Bambang include ordinary securities issued by the company
on bail or underlying assets such as property or infrastructure.

Bambang added, "With the PMK that we will soon spend
the next week, then double taxation, especially for companies with a special
purpose akandihilangkan be single tax. So it is expected the presence of this
instrument KIK DIRE may appear in the Indonesian capital market, and to attract
investment for This was done abroad. "

Meanwhile, the Financial Services Authority (FSA) also
issued a new policy that is focused on Islamic banking. Chairman of the Board
of Commissioners FSA, Muliaman D. Hadad, the new policy is important because
four previous policy package released by the FSA, Bank Indonesia (BI), and the
government has yet to reach the entire financial sector.

According to Hadad, the sharia industry it has not
received a portion.

"First, is the ease of products and activities of
Islamic banks. The mechanism of licensing and expenses Islamic products will be
easy. With disederahanakan, then no need to ask permission must send a letter
because of Sharia products will be codified in a book. If the products already
exist, it is not necessary license again, just report it, "he said.

Licensing mechanism other products included in the scope
of sharia further Hadad, include gold pawn sharia, which also do not need to
ask permission.

In a press conference attended by several ministers,
including Minister for Economic Affairs Nasution, Coordinating Minister for
Maritime Rizal Ramli, Governor of Bank Indonesia Agus Martowardojo, Finance
Minister Bambang Brodjonegoro and Chairman of the Financial Services Authority
FSA Hadad Hadad was - President Joko Widodo said the government would do
everything possible to strengthen economic stability amid the world economic
slump which also affected Indonesia.

The President also ensures the government's economic
policy package will continue.

"Therefore, the package will continue to proceed
with Bank Indonesia also with the FSA. From 1,2,3,4,5 will be continued with
6,7,8 maybe up to 100. Maybe up to 300 umpteenth 200. Maybe. But clear, the
consistency of our time is wanted to give a strong impression that our
intention to transform the fundamentals of the national economy. Which of
course we want the public and businesses know that we will continue to work
mereform regulation and bureaucratization, "said the President. (VOA)

Sixth economic package for 'suburb'

Special Economic Zones are expected to revive the economy
in rural areas.

Six stages of the economic policy package, among others,
directed in an attempt to move the economy in a suburb, said Minister for
Economic Affairs Nasution.

In addition, the Coordinating Minister (Coordinating)
Economic Affairs Nasution stated economic policy package this time also focus
on taxes, water resource management, and medicine.

"Simply put, through this package, there are some
areas in the area determined to be the Special Economic Zone (SEZ), whose main
purpose is to process the existing resources in the region and beyond,"
said Nasution at his office, Thursday (5/11) ,

This is a package of six economic policies implemented by
the government since President Jokowi do prombakan cabinet.

Diiluncurkan first moment, Nasution said that the package
of economic reforms needed to drive back the economy is slowing.

AGRO COMMODITIES 5 INDONESIA THE WORLDWIDE

We should be proud turns some agricultural products and
plantation Indonesia is very global. Amid the current overflow of imports of
consumer goods from overseas, agriculture and plantation commodities is still a
commodity in the international arena. This time we will consider a little about
5 Indonesian agricultural and plantation commodities worldwide.

Palm oil

Indonesia put myself as a producer of crude palm oil in
the world. In 2011 Indonesia dominate the world market of crude palm oil by 47%
to surpass Malaysia in 2nd place with 39%. Exports of palm oil could contribute
country's foreign exchange of USD 14 billion in 2010 and is expected to
increase significantly from year ketahunnya.

2. Spices

Since time immemorial, Indonesia is famous for its
spices. Spice plants that thrives in Indonesia to attract other nations to
menguasainnya. It is inevitable that in the past many foreign nations wealthy
as a result of spices from Indonesia, which has a very high value. Until now,
Indonesia is a major exporter of spices in the world, including the nutmeg (no.
1), cinnamon (no. 1), cloves (no 1) and pepper (no. 2).

3. Cocoa

Indonesia is the No. 3 in the world cocoa after the Ivory
Coast and Ghana. Production continues to grow on average 3.5% per year, by 2014
the government was committed to defeating the two countries for the first rank
as the world's largest cocoa producer. In 2010 the Indonesian cocoa production
reached 574 thousand tons, accounted for 16% of world cocoa production, while
the Ivory Coast in the first rank with 1.6 million tons, accounted for 44%.

4. Rubber

Indonesia ranks second after Thailand as a supplier of
crude rubber. There is mention Indonesia as gum Arabic world. Despite losing in
terms of the number and productivity of rubber plantations, but the Indonesian
rubber touted as a quality win over the rubber from Thailand. In 2011, rubber
production in Indonesia reached 2.8 million tons.

5. Coffee

Indonesia currently ranks third as a world coffee
producer under Brazil and Colombia. Basarnya Indonesia's coffee production per
year on average about 600 thousand tons. From this figure Indonesia can supply
7% of the world's coffee.

Producing mainstay Exchange

Menpar said Indonesia superior in terms of tourist
destinations, the price of competitive tourism and tourism priorities.

Tourism Minister Arief Yahya said the government
re-establish tourism as a major sector, with a leading sector for foreign
exchange earner Indonesia.

It is set at a special closed meeting of tourism in Bogor
Presidential Palace, on Monday (16/2), and presented at the opening of the
National Conference of the Association of Indonesian Hotels and Restaurants,
Tuesday (17/2).

"The impact of such determination, when the region
is set to be a national strategic areas, the sector would support a plan that
for example the Ministry of Public Works will fix the roads," he said.

He added that Indonesia actually has advantages in terms
of tourist destinations, the price of competitive tourism and tourism
priorities.

While on the other hand, Ariel revealed by the data
Travel and Tourism Competitive Index compiled by the World Economic Forum,
Indonesia is on rank 70 of 140 countries.

"We will fix the deficiencies of tourism as tourism
infrastructure, information technology and tourism, and hygienic" he
added.

This, he added, be the biggest challenge. It hoped
Indonesian tourism will grow rapidly and become a mainstay industry of
Indonesia in addition to oil, gas, and oil palm.

TKI Contribute State Foreign Exchange after the Second
Largest Oil and Gas

foreign exchange derived from Indonesian Workers (TKI)
still ranks second only to the oil and gas sector (oil and gas).

In 2009 alone foreign migrant workers through the
delivery of remittances to the country reached US $ 6.617 billion.

"Migrant workers contribute to foreign exchange
second largest after oil and gas," said Chairman of the Time Shift (PAW)
Chamber of Commerce and Industry (Kadin) Adi Putra Tahir in the National
Seminar unravel the Placement and Protection of Workers Abroad, at Bidakara
Hotel, Jakarta, Wednesday (2/6).

He said the policy placement and protection of Indonesian
Workers (TKI) is still not optimal. So he said revamping the problem of
placement and protection of migrant workers should be well-organized national
movement and synergy.

"I expect this to be a national movement, neat,
stakeholders must walk synergistic. Need special attention from recruitment,
placement, and even protection, "said Adi.

According to Adi, the number of workers who work abroad
can not be separated from employment by the government is still limited. The
rate of economic growth is estimated at 6% is still not lifted the availability
of jobs in the country.

Based on data from the Ministry of Foreign Affairs of the
number of workers who work abroad reached 3.246 million people spread across
many countries. Of that amount by 2009 cases of troubled migrant workers
reached 69 004 people.

Indonesia could put foreign workers (TKI) to 10 million
people, or about five percent of the population.

This was revealed by the Chairman of the Standing
Committee on Employment of Foreign Affairs of the Chamber of Commerce,
Nurfaizi, in a seminar on migrant workers organized by the Chamber of Commerce
in Jakarta, Wednesday (2/6).

Nurfaizi who is also Chairman of the Association of Corporate
Services TKI (APJATI) was compared with the Philippines, which has put 10
percent of the population to work abroad.

"The results, the Philippines raked exchange up to
15 billion dollars per year and become the largest producer of the entire foreign
exchange generated by the Philippine government," he said.

Within five years, he said, the placement of migrant
workers has reached four million people and is targeted to increase to four
million people in the next two years.

"That's when supported by all parties and consistent
government commitment," he said.

Increasing the number of migrant workers with growth of
21 percent per year starting from 2004, which amounted to 380 690 people into
696 743 people in 2007 with the destination country the Middle East and Asia
Pacific.

Nurfaizi said the placement of migrant workers in the
informal sector is still dominated by 78 percent, while placements for the Asia
Pacific region in the formal sector could reach 52 percent in recent years.

In general, he says, there are an increasing number of
migrant workers who are not only seen as a success of TKI placement program,
but also the increasing number of labor force that is proportional to the
availability of jobs in the country.

Citing data Kemnakertrans, Director General of Protocol
and Consular Affairs of the Ministry of Foreign Affairs, Lutfi Rauf, said there
were 2.8 million migrant workers in the period of 2005-2009 with a
"remittance" (remittances of migrant workers into the country)
reached 6617 US dollars in 2009 to 69 004 migrant workers problematic during
2009.

During 2009, the Foreign Ministry in coordination with
Indonesian Representatives has successfully sought the fulfillment of the basic
rights of workers who experience problems abroad with the basic rights of the
collected reached 326 495 438 750 US dollars and Singapore dollars.

In the January-May 2010, the Foreign Ministry and the
Indonesian Representatives has successfully facilitated the fulfillment of the
basic rights of migrant workers as much as 156 416 dollars, Rp185.736.941,
United Arab Emirates dirham 1,845, 4,800 riyals and 140,000 Singapore dollars.

Lutfi said the obstacles they encountered in the
protection of the citizen, among others, non-compliance with rules and
regulations, the Government of Indonesia has not had bilateral agreements with
all countries of migrant workers, sending illegal migrant workers, and workers
who are not competent.

Foreign Minister Marty Natalegawa in a hearing with
Commission I of the House of Representatives on December 2nd, 2009 said the
issue of protection of Indonesian citizens abroad are a priority Foreign
Ministry.

Indonesian economy ranking 9 of the World

Mediawarga.info - The World Bank ranks Indonesia as the
9th largest economy in the world. Indonesia's GDP by the end of 2014 reached US
$ 2.55 trillion. This position shift the UK GDP was only US $ 2.4 trillion.

The economic value is calculated as the result of a
comparison of purchasing power of goods or services in a country, the type of
goods or services using the same currency in US dollars. This term is known as
purchasing power parity (PPP). For example, The Economist using the calculation
method based on the price of McDonald's, known as "The Big Mac
index".

DBS Bank economist, Gundy Cahyadi said the center of the
world economy is now shifting from America and Europe to Asia. Asia's progress
dispelled the notion that the US economy is still the world's greatest power
that drives global growth. According to the research results of DBS, in the
future, Asia will create equal economic giant Germany every three years. The
first new economic giant is expected to occur in 2023, second in 2031 and third
in 2038.

RI economic Will Exceed Australia and South Korea in 2030

Liputan6.com, Jakarta - Economics United States (US) predicted
continued to show his dominance in 2030. Meanwhile, the economies of some
developing countries are also expected to experience a surge whereas some
European countries will actually slip into the lower order.

According to the US Department of Agriculture, the land
of Uncle Sam is expected to remain the leader of the world economy with its
gross domestic product (GDP) in the next 15 years is predicted to reach US $
24.8 trillion, an increase of US $ 8 trillion compared to predictions of GDP in
this year's US $ 16 8 trillion.

Meanwhile, in the second position is occupied by China
with its GDP will grow twice that forecast for this year to US $ 22.2 billion
and help close the economic gap between the US and Asia in general.

Third place is occupied by India is predicted that in
2015 only finished fifth largest GDP in the world. Whereas in the next 15
years, India is expected to surpass Brazil, England, France, Germany and Japan.
The International Monetary Fund (IMF) said the country will have the largest
labor force in the world in the next 15 years.

While Japan is judged to be less fortunate countries.
Because after its economy soared in the 1990s and experienced a stagnant phase,
Japan's economic growth will be slow, forcing Japan's ranking dropped to fourth
in the list of countries with the largest economy in the world by 2030.

"Japan is an important lesson that how quickly you
can experience related downgrades economic structure," said JP Morgan
chief economist Bruce Kasman as quoted by Bloomberg, Sunday (04/12/2015).

Besides Japan, France is also predicted to drop three
positions to rank 8 with PBD of US $ 3.3 trillion and Italy fell two places to
the 11th position with a GDP of US $ 2.3 trillion.

Meanwhile, the Indonesian economy is predicted to be
ranked 13 in the list of countries with the largest economy with a GDP of US $
2.1 trillion in 2030, over Australia at position 14 and South Korea in 15th
position with a GDP of US $ 1.9 trillion.

"There is a lot of uncertainty. Is China able to
grow 4 percent and 6 percent, there are many things to look it would be in the
global economy. Or whether India could grow by 3 percent and 8 percent. This is
a big difference when you combine them in time old, "he said.

Overall, Jamaica is predicted to be the lowest position
to shed as much as 13 to position 136 in 2030. While Uganda will become the
country with the greatest progress since climbed 18 ranks to the position 91.